Oil has been going through a bullish channel since November 2020, and today it has reached its maximum since November.
We are going to enter sales now and we are going to wait for the price to fall to 61.79 which is expected, we will close sales and open purchases waiting for the next target: 68.51. It does not look like the price is going to fall again as it has already fallen.
Sell with target hit $64 for correction move before rising again.
Gerardo_Trading
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@RyodaBrainless We will see what happens when it gets there, if it arrives and goes down a little more, I will put a TP on the price you said in case it does not go down more, but I will be careful because after the strong rise it has had I think it will reach 61.0. Thanks for sharing your thoughts!!